Molins shares up on sales ahead of last year

24th Oct 2013 14:13

Shares in packaging and cigarette machinery company Molins rose more than three per cent after it said orders and sales to date were ahead of last year.The group, which has more tan 800 staff worldwide, said each of its three divisions has an order book that supports their expected sales in the fourth quarter.The divisions include scientific services, packaging machinery and tobacco machinery"The board's expectation of group performance for the year as a whole remains unchanged," it said in a trading update. Shares lifted 6.5p to 186p at 14.00 in London. PW